Sea Point is one of those neighbourhoods that really captures the Cape Town lifestyle, a lively promenade, mountain and ocean views, and a mix of trendy apartments and spacious homes. But beyond its everyday charm, the property market here has had a busy year, with strong sales activity and a buoyant short-term rental scene.
In this blog, we’ll cover:
Freestanding Residential Properties
Sectional Title Properties
This highlights Sea Point as a sectional-title stronghold, with apartments dominating sales volumes. That said, the freestanding market also showed solid movement, and across both categories, well-priced properties didn’t linger long, generally selling within two months.
As of now, there are 246 properties in Sea Point listed on Property24.
Current range:
Average asking prices by bedroom count:
The spread is significant, with one-bed apartments providing a more accessible entry point, while high-end homes are pushing well into the multi-million rand bracket.
Sea Point’s short-term rental market has also seen a strong year, both in growth and performance.
Average Revenue per Listing
Active Listings
Number of Bookings
Occupancy
What’s particularly striking here is that despite a significant jump in the number of active listings, both occupancy and revenue have continued to climb. That indicates strong and growing demand, reinforcing Sea Point’s appeal as a short-term rental hotspot.
In short: Sea Point continues to show its strength as both a sales and rental market. Apartments dominate the landscape, but freestanding homes still hold their own at higher price points. On the rental side, revenue and demand remain robust, even as the number of listings rises.
*Sources: CMA | PriceLabs | Property24
If you’re looking for a property management company in Cape Town, check out Nox Cape Town. Our team specialises in optimising rental income, maintaining high occupancy, and ensuring premium guest experiences, helping property owners get the most from their investments.
Cover Image by: Jeanine Smal